Improving Credit ScoresLearn how to manage your credit score and improve your creditworthiness5 Quick Steps to a Better Credit ScoreThink of your credit score as a picture of your credit risk. This picture reflects your risk at a specific point in time. A picture does not change; however, when you take another one, you will probably look a little different. Similarly, when your credit information changes, your score will also change to reflect the updated information.There are steps you can take to ensure that each time someone requests a snapshot of your credit history, it shows your best side. By observing the following guidelines, you can influence your creditworthiness for the better:Be punctualPay all your bills on time. Late payments, collections, and bankruptcies have the greatest negative effect on your credit score.Check your credit report regularlyTake the necessary steps to remove inaccuracies – Don’t let your credit health suffer due to inaccurate information. For Credit Report inaccuracies, contact the creditor associated with the account or the credit reporting agency to have them correct the mistake. Watch your debtKeep your account balances below 50% of your available credit. For instance, if you have a credit card with a $1,000 limit, you should try to keep the balance owed below $500.Give yourself timeTime is one of the most significant factors that can improve yours. Establish a long history of paying your bills on time and using credit responsibly. You may also want to keep the oldest account on your credit report open to lengthen your period of active credit use.Avoid excessive inquiriesA large number of inquiries occurred over a short period may be interpreted as a sign that you are opening numerous credit accounts due to financial difficulties or overextending yourself by taking on more debt than you can easily repay. See these Special Notes*The Better Credit Scores information outlined above is courtesy of TrueCredit.